Company Overview

Exploration for iron ore in Madagascar.

Directors and Management

Mr John Michael Madden

Chief Financial Officer,Company Secretary,Executive Director 06/10/2009

Mr Madden has over 30 years of experience in the mining Prospectus - AKORA Resources Ltd 92 industry. He joined CRA Limited (now Rio Tinto) from the University of Melbourne in 1981 and held several corporate positions in accounting, planning, business analysis, taxation and strategy and acquisitions. Between 1996 and 2000, he was Manager Finance for the Rio Tinto/Freeport Joint Venture in West Papua. In 2000, he was appointed General Manager Finance for Morobe Consolidated Goldfields Limited in Papua New Guinea, where he was responsible for all commercial, legal and risk assessment studies performed as part of the feasibility study for the development of the Hidden Valley Gold Project. In 2003, Mr Madden returned to Australia where he joined Indophil Resources NL as General Manager-Commercial. Mr Madden was responsible for all accounting, business analysis, corporate secretarial, legal and taxation functions in Australia and the Philippines. He was also responsible for all commercial functions associated with the Indophil Pre-Feasibility Study for the Tampakan Copper-Gold Project. At the end of 2007, he provided consulting advice to Indophil as well as other mining entities including the Australian Premium Iron Ore Joint Venture, Intrepid Mines Limited, Mesa Minerals Limited and Ok Tedi Mining Limited.

BCom, FCPA, FGIA Accountant Male

Mr Michael (Mike) Henry Stirzaker

Non-Executive Chairman,Non-Executive Director 22/08/2020

Mr Stirzaker has over 30 years commercial experience, mainly in mining finance and mining investment. Mr Stirzaker began his career in Sydney as a Chartered Accountant with KMPG before moving into investment banking with HSBC Group and then Kleinwort Benson in London. From 1993 to 2007, Mr Stirzaker was part of the natural resource advisory and investment firm, RFC Group, where he became Joint Managing Director. From 2010 until 2019, Mr Stirzaker was a partner with the private equity mining fund manager, Pacific Road Capital. He is also director of Base Resources Ltd, Firestone Diamonds plc and Prodigy Gold.

CA, BCom Chartered Accountant Male

Mr Paul Gerard Bibby

Chief Executive Officer,Managing Director 09/07/2015

Mr Bibby is a metallurgist with over 35 years experience in both mining and metals industries. Mr Bibby worked for 23 years with Rio Tinto Limited (formerly CRA Limited) in various operational, technological and business development roles. With Rio Tinto, Mr Bibby held various operational roles at Rio Tinto Aluminium (formerly Comalco), Kaltim Prima Coal and Rio Tinto Iron Ore (Hamersley Iron). At Trio Tinto Iron Ore, Mr Bibby was manager of metallurgy at both Dampier and Paraburdoo. Mr Bibby joined Zinifex Limited in 2004 as General Manager-Technology and then played a leading role in the merging of Umicore and Zinifex smelting businesses to form Nyrstar and became Chief Development Officer based in London. On returning to Australia, Mr Bibby was appointed Chief Executive Officer of OceanaGold Corporation and following OceanaGold, Mr Bibby performed various consulting roles.

DipApp Sci (Secondary Metallurgy), BAppSci(Metallu Metallurgist Male

Mr Stephen Leslie Fabian

Non-Executive Director 05/01/2017

Mr Fabian started career in open pit and underground mines as a mining engineer, Mr Fabian joined Bankers trust as a Resource Analyst/Portfolio Manager. Mr Fabian moved to NatWest Securities and later transferred to London with NatWest where he led the Australian mining resources team responsible for research and financing mining developments in emerging markets. Mr Fabian formed Rock Capital Partners Limited in 1996 to specialize in resource venture capital, providing advice and financing. Mr Fabian has also provided consulting advice to Genus Capital Fund, the predecessor to the Baker Steel Resources Trust which raised over GBP 100 million when listed on the London Stock Exchange. Mr Fabian is the principal for several unlisted entities in Europe and South America.

BE(Min), MAIMM, GradFINSIA, MBA Engineer Male

Top 20 Shareholders

Director Transactions